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I just got invited to interview with Chicago and I wanted some help and any recommendations would be welcome. I am from a supply chain consulting background and want to get into Investment Banking and I actually wrote the same in my essays too. Now the thing is, I have very little knowledge in the domain of Finance and thus preparing for the interviews becomes challenging. What I wanted to find out was dont all the career switchers face this dilemma of having limited knowledge of the field they want to get into? In such a case, how do they go about preparing for the interviews? Will the interviewers actually cross-question you about your goals and ask things like why this and why not that etc? How much research and study does one need to do for their future domain? I have the feeling I might concentrate too much on studying for finance instead of preparing for the rest of the questions on the interview. Pls help....

Hmmm... I'm not heading into I-banking, so I can't speak specifically to your goals. But I am definitely a career switcher. In my case, I was asked repeatedly about why I wanted to switch fields and how I hoped to accomplish this. Specifically, I was asked to describe the process that let me to an MBA, where I saw myself immediately post-MBA, and where I saw myself in the long run. These questions are naturally asked of every applicant, but if you're switching fields, you should be able to do this especially clearly and confidently. I described potential positions in the industry I want to enter, who I had talked to at the lead companies in the industry, and how an MBA would help me get to my ideal position. No one asked me any technical finance or econ questions.

All of that said, consulting to I-banking (and vice versa) is a pretty common MBA move. If you can explain clearly why you want to do this, I can't imagine anyone's going to challenge your financial knowledge. Internship interviews during B-school will probably be another story, though